KorAm mandates sub debt deal

And awards books to its house bank.

Salomon Smith Barney has fought off competition from shortlisted rivals Deutsche Bank and JPMorgan to win the books for a $200 million lower tier 2 transaction for KorAm Bank. The result, however, is hardly a surprise given that Salomon has led every single one of KorAm's recent capital markets transactions including a $200 million GDR with Goldman Sachs in April and a novel $160 million sub debt deal last December.